How To Deposit Money in Binance From Bank Account 🏦 (Step by Step)
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Feb 4, 2024
How To Deposit Money in Binance From Bank Account 🏦 (Step by Step)
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How to deposit money in Binance from bank account
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Hey guys, welcome to this new video. In today's tutorial, we're going to see
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step by step how we can buy cryptos from Binance using our bank account
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So if you don't have an account with Binance, no problem. It's really simple to create an account
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And in order to continue after you have a Binance account, you need to verify your identity. So you
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can do transactions in here. So as you can see, my account has already been verified. So if you
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already have your account and your account is already verified, we just need to go into buy
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crypto. But if your account hasn't been verified yet, it's not going to take more than five minutes
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You just need to go where it says your profile and go into identification and you just need to
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provide all the documents that Binance asks for. As you said, it won't take more than five minutes
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So once your profile is verified, you want to select buy crypto. So we have four ways that we
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can buy cryptos. We can use a credit and debit card. Actually, that's the way that I do that
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because it's really, really simple. We can do a P2P trading, we can do a cash balance
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and we can do a third party payment. So in this case, what we want to do, let's say we don't have
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a credit card or a debit card, we don't have a balance in our Binance. So the only way that we
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can pay is with a bank transfer. So the way that we can make a transfer from our bank account into
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Binance is to select the one that says P2P trading. Now P2P refers to peer to peer exchange
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This is like a marketplace where a lot of people can trade crypto directly from one person to
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another. And if you don't have a credit card, or maybe you don't even have an account and you're in
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a bank, this is like a great option for us. So what you guys want to do is to select the crypto
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that you want to buy. If you don't know which crypto you want to buy, I strongly recommend that
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you select USDT or Bitcoin since those coins are really, really like the most popular in the market
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So if I select Bitcoin, I'm going to select the amount that I'm going to be paying. Now it says
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fiat, we want to select the currency that we're using in our bank or in your local area. In my
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case, that would be the MXN. Maybe you're using dollars, that would be USDT. So it totally depends
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on yourselves. Now on payment, this is what we want to do. It depends on the local and the region
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that you are currently in. So either you can go into Noxo, 7-11, we have only this ones available
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in my country. But you're going to see different because in your country, it's totally different
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So let's say you want to pay with 7-11. So it's going to be showing us the advertisers
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that we can make a purchase only paying on 7-11. So the last thing I totally recommend you guys
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is to make sure that the advertisers you're going to make the payment have this verification
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icon. So you can be more than sure that your transaction has been done and will be made
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correctly. So you can see the price of Bitcoin, this one is 919, this one is 848. So I want to
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select this one, and I'm going to buy the Bitcoin. So the last thing you want to do is to select how
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much you want to pay for the token, what are you going to receive, and these are like the terms of
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conditions of the advertiser, follow the instructions, and then you can receive your money within the
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next 7-12 hours. Sometimes it takes a little bit less, but in this case, this says that this one
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is going to be sending after 10 p.m. Mexico City time. So there you have it guys, you just place
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the order, you pay the seller, and you get the crypto. So don't forget to like and subscribe to
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the channel if you want to see more about Binance app. Thank you for watching the video guys, and
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I'll be seeing you guys in the next one
#Banking
#Currencies & Foreign Exchange
#Finance
#Mobile Payments & Digital Wallets
#Money Transfer & Wire Services